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Fidelity National Information Services, Inc. Gets Commitments for $3.2 Billion in Senior Credit Facilities Related to Announced Recapitalization

January 21, 2005

Jacksonville, Fla. -- Fidelity National Financial, Inc. (NYSE:FNF) announced that its subsidiary Fidelity National Information Services, Inc. ("FIS") has received commitments for the $3.2 billion in senior credit facilities necessary to consummate the previously announced recapitalization of FIS.

The $3.2 billion in senior credit facilities consists of a $1.0 billion Term Loan A facility, a $1.8 billion Term Loan B facility (collectively, "The Term Loan Facilities") and a $400 million revolving credit facility ("Revolver"). FIS intends to fully draw upon the $2.8 billion in Term Loan Facilities at closing, with the Revolver undrawn at the closing of the senior credit facilities. The expected interest rate on the Term Loan Facilities will be LIBOR +200 basis points. Bank of America, JP Morgan Chase, Wachovia, Deutsche Bank and Bear, Stearns will lead a consortium of lenders providing the senior credit facilities and FIS expects the senior credit facilities to close by the end of February.

"The receipt of this funding commitment is integral to our completion of the FIS recapitalization and the payment of the special cash dividend to FNF stockholders," said Chairman and Chief Executive Officer William P. Foley, II. "With this funding commitment, we are now one step closer to having the FNF Board of Directors declare a record date and a payable date for the $10 special cash dividend. We expect that the recapitalization of FIS, the payment of the special cash dividend to FNF stockholders and the closing of the 25 percent minority equity interest sale in FIS will all occur in late February or early March."

Source: Fidelity National Financial, Inc.

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